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slowdown demonstrate. We analyse the progress that is underway in the current budgetary governance framework in the EU … Bonds, the European Financial Stability Facility, Euro+ Pact and Europe 2020. This paper surveys supranational governance in … the EU, and the coordination of national policies, including concepts of fiscal federalism, multi-level governance and …
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This paper analyses the problem of designing macroeconomic stabilization policies within the European Monetary Union (EMU) as a dynamic game between a centralized monetary authority, the European Central Bank (ECB), and national fiscal policy makers. Non-cooperative feedback Nash equilibrium and...
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